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How about 100+ up 4624 ????
SPX Cycles End of the Day Reports & Charts. Didn't get the 60-S-1 at the close. So tomorrow at the close of the 1st hour there is the possibility of a 60-2 (due 8/16/23) projected high 4531.93, the high will be due tomorrow at the 2nd hour. If the 60-2 is confirmed, there will be the possibility of a 60 min 60-E-2 (Extreme Overdue) tomorrow at the close of the 5th hour, projected high 4586.90, the high will be due Wednesday at the 6th hour. If the 60-E-2 is confirmed, there will be the possibility of a Daily D-S-2 (Extreme Overdue) getting confirmed tomorrow during the trading day, projected high 4624.84, the high will be due tomorrow. If the D-S-2 is confirmed, that ends the Daily Bear Cycle as a D-1, which will eliminate 16 Bear points. So we could get a nice rally to the 4624 level, which will be a new Weekly, Monthly & Quarterly cycle high. Right now at the 60 min level the Bulls have the power at +10.
SPX Cycle Update. Today during the 6th hour the 60 min confirmed a 60-S-2 (due 8/7/23) projected high 4513.51 (reached). Today at the close there is the possibility of a 60 min 60-S-1 (Overdue) projected low 4484.58, the low will be due today at the 7th hour, or tomorrow at the close of the 1st hour there is the possibility of a 60 min 60-2 (due 8/16/23) projected high 4531.93, the high will be due tomorrow at the 2nd hour.
Doesn't look like a 60-E-1 will get confirmed today, more likely the 60-S-2 (due today).
Then possibly:
60-S-1 (Overdue) then,
60-E-2 (Extreme Overdue) current projected high 4586.90
D-S-2 (Extreme Overdue) current projected high 4624.84
With the Daily MACD above the zero line, there is the possibility of the extreme overdue Daily D-SC-2, current projected high of 4949.65, getting confirmed around the 1st or 2nd week of September.
SPX Cycles Update. Today at the close of the 1st hour the 60 min confirmed a 60-1 (Extreme Overdue) projected low 4485.85 (reached). Today at the close of the 4th hour there is the possibility of a 60-E-1 (due 8/12/23) projected low 4419.47, the low will be due tomorrow at the 1st hour. If the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 45.88. With the Weekly remaining in W-E-2 for another week, I may add a UPRO position if the 60-E-1 is confirmed, even if the price projection is not reached.
SPX Cycles End of the Day Reports & Charts. Today at the close of the 6th hour the 60 min confirmed a 60-S-1 (due 8/6/23) projected low 4508.61 (Reached). Monday at the close of the 1st hour there is the possibility of a 60 min 60-1 (Extreme Overdue) projected low 4485.85 (Reached), the low will be due Monday at the 1st hour. Monday at the close of the 4th hour there is the possibility of a 60 min 60-E-1 (due 8/12/23) projected low 4419.47, the low will be due Tuesday at the 1st hour. If the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 45.97. If the 60-E-1 is confirmed, that will open up the possibility of a Daily D-E-1 (Extreme Overdue) at the close on Tuesday, projected low 4251.05, the low will be due 8/14/23.
My statement is a little misleading.
I only count the cycle it ended in.
Example: If the 60 min confirmed a 60-S-1, then confirmed a 60-1, then confirmed a 60-E-1
I only count the 60-E-1.
So the projected highs at the 60-S-1 & 60-1 is likely to be reached.
Gleno, you count each projected target, correct? If it exceeds your EMA 10, then exceeds your EMA 20, you count each one right?
So far this month I have been batting zero
SPX Cycles Update. Today during the 1st hour the 60 min confirmed a 60-S-2 (due 8/7/23) projected high 4524.59 (Reached). Today at the close of the 3rd hour there is the possibility of a 60-2 (due 8/9/23) projected high 4543.06, the high will be due today at the 4th hour, or today at the close of the 4th hour there is the possibility of a 60 min 60-S-1 (due 8/6/23) projected low 4498.58, the low will be due today at the 4th hour. Right now it's not looking to good for the Daily to confirm the extreme overdue D-1 at the close, the SPX will have to drop this afternoon for that to happen. Due to the 60-S-2 getting confirmed, the SPXU Bear Cycle ended yesterday at the close. This was the 8th SPXU Bear Cycle of this year, the average is 12 cycles per year. This cycle lasted 26 trading days, the average is 21.74 trading days. During this cycle there was no buy signals and I didn't sell any SPXU. A new SPXU Bear Cycle starts today.
The bottom could be in, hopefully the extreme overdue D-1 gets confirmed tomorrow, then next week up up and away.
Hopefully I will get a UPRO buy tomorrow, tried to get one the last 5 min of today, but didn't hit my price.
SPX Cycles End of the Day Reports & Charts. Today at the close the 60 min confirmed a 60-SC-1 (Overdue) projected low 4401.72, the low is due tomorrow at the 3rd hour. Due to the confirmation of the 60-SC-1, a UPRO Buy Signal is currently active, buy price below 45.29. Also due to the confirmation of the 60-SC-1, a SPXU Sell Signal is currently active, sell price above 11.08. The Daily closed in D-1 (Extreme Overdue) territory. So tomorrow at the close there is the possibility of a Daily D-1 (Extreme Overdue) projected low 4471.34, the low was due today. With the confirmation of the 60-SC-1, the 60 min level is now Bullish, if the Daily D-1 gets confirmed tomorrow and ends as a D-1, that will eliminate 16 Daily Bear points, putting the Daily at -2. So next week we could see a Bull rally pushing the SPX back up to the 4600 level.
SPX Cycles End of the Day Reports & Charts. The 60 min is OS and the Weekly remains OB. Today at the close of the 6th hour the 60 min confirmed a 60-E-1 (Extreme Overdue) projected low 4460.38, the low is due tomorrow at the 3rd hour. Due to the confirmation of the 60-E-1, a UPRO Buy Signal is currently active, buy price below 47.28. Today at the close the Daily confirmed a D-S-1 (due 8/18/23) projected low 4491.90. Tomorrow at the close there is the possibility of a 60 min 60-SC-1 (Overdue) projected low 4401.72, the low will be due Friday at the 3rd hour. If the 60-SC-1 is confirmed another UPRO Buy Signal will become active, buy price below 45.37, also if the 60-SC-1 is confirmed a SPXU Sell Signal will become active, sell price above 11.04. Friday at the close there is the possibility of a Daily D-1 (Extreme Overdue) projected low 4471.34, the low will be due tomorrow (Thursday).
Hopefully this is more than just a 1 day Daily correction, I'd like to see the D-1 get confirmed on Monday.
Then next leg up to 4818.
SPX Cycles Update. Today at the close of the 1st hour the 60 min confirmed a 60-S-1 (due 8/6/23) projected low 4550.34 (Reached). Today at the close of the 3rd hour there is the possibility of a 60 min 60-1 (Extreme Overdue) projected low 4527.37 (Reached), the low will be due today at the 3rd hour. Today at the close of the 6th hour there is the possibility of a 60-E-1 (Extreme Overdue) projected low 4460.38, the low will be due tomorrow at the 3rd hour. Today at the close there is the possibility of a Daily D-S-1 (due 8/18/23) projected low 4491.90, the low will be due today. If the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 47.26.
SPX Cycles End of the Day Reports & Charts. The Weekly remains OB. Today during the closing hour the 60 min confirmed a 60-S-2 (due 8/6/23) projected high 4607.30. Tomorrow at the close of the 1st hour there is the possibility of a 60-S-1 (due 8/6/23) projected low 4550.34, the low will be due tomorrow at the 1st hour, or tomorrow at the close of the 2nd hour there is the possibility of a 60-2 (due 8/9/23) projected high 4626.10, the high will be due tomorrow at the 3rd hour. The Bull/Bear Strength meter is at a -43.29 (VERY BEARISH), I expect a 100+ point drop by the end of this week.
SPX Cycles Update. The Weekly remains OB. Today we start a new 60 min Cycle month. Last month was a terrible month in reaching the projected targets, only 3 of 25 (12%) reached or exceeded the projected target, so far this year 90 of 192 (42%) have reached or exceeded the projected target. As of the end of July, SPX Cycles is up 23.41% & the S&P 500 is up 18.64%, YTD. Today at the close of the 1st hour the 60 min confirmed a 60-S-1 (due 8/5/23) projected low 4557.54. Today at the close of the 3rd hour there is the possibility of a 60-1 (due 8/2/23) projected low 4534.53, the low will be due today at the 3rd hour.
I would expect a pull back, then surge, but who knows, I just follow the cycles, they are saying we go higher.
SPX Cycles Long Range Projection Chart. The Weekly remains OB. Today at the close the Monthly confirmed a M-2 (Overdue) projected high 5580.16 (ATH), the high is due 11/30/23. The Monthly is currently in M-E-2 (due 2/18/24) territory, if the M-E-2 is confirmed at the close on 6/28/2024, the projected high will be 6473.28 (ATH), the high will be due 2/28/2025. We could see a new ATH as early as 8/21/2023 if the Daily D-SC-2 gets confirmed at the open on 8/10/2023, with a projected high of 4856.04.
SPX Cycles Long Range Projection Chart. The Weekly remains OB. Today at the close the Monthly confirmed a M-2 (Overdue) projected high 5580.16 (ATH), the high is due 11/30/23. The Monthly is currently in M-E-2 (due 2/18/24) territory, if the M-E-2 is confirmed at the close on 6/28/2024, the projected high will be 6473.28 (ATH), the high will be due 2/28/2025. We could see a new ATH as early as 8/21/2023 if the Daily D-SC-2 gets confirmed at the open on 8/10/2023, with a projected high of 4856.04.
SPX Cycles End of the Day Reports & Charts. The Weekly remains OB. Today during the closing hour the 60 min confirmed a 60-S-2 (Overdue) projected high 4615.15. Tomorrow at the close of the 2nd hour there is the possibility of a 60-2 (due 8/9/23) projected high 4633.99, the high will be due tomorrow at the 3rd hour. Tomorrow at the close of the 6th hour, there is the possibility of a 60-E-2 (due 8/2/23) projected high 4690.20, the high will be due Today at the close the Monthly confirmed the M-2 (Overdue) projected high 5580.16 (ATH), the high is due 11/30/2023. The Monthly is currently in M-E-2 (due 2/18/24) territory, if the M-E-2 is confirmed at the close on 6/28/2024, the projected high will be 6473.28 (ATH), the high will be due 2/28/2025.
SPX Cycles End of the Day Reports & Charts. The Weekly remains OB. The Bull/Bear strength meter is bearish at -41.69%. A 100 + point drop is needed. Monday at the close of the 1st hour there is the possibility of a 60-S-1 (due 8/1/23) projected low 4558.10, or a 60-E-2 (due 8/2/23) projected high 4642.27, the high will be due Tuesday at the 1st hour.
If this 60 min cycle ends as 60-2, the Bulls will lose nothing and gain 2 points. The 60 min will be in the red 10 pts. If the 60-E-1 & 60-SC-1 get confirmed next week, the 60 min could be in the green by 6 pts.
If we can also get the Daily D-1, which is worth 16 bear points, that would bring the daily down to 3 in the red. That would also reset the Daily Bull cycles.
We could see ATH by end of next month.
Yep, didn't even get a 60-E-1 out of it.
Still need a 100+ point drop.
I'm on a roll!!! The 60-S-1 reached it's projected low, LOL!!!!
SPX Cycles Update. Today during the 2nd hour the 60 min confirmed a 60-S-2 (Overdue) projected high 4567.99 (Reached). Today at the close of the 4th hour there is the possibility of a 60-2 (due 8/7/23) projected high 4586.63 (Reached), the high will be due today at the 5th hour. The Daily D-S-1 has been negated, so the Daily continues in D-E-2 projected high 4729.88, the high is due 8/4/2023. The Weekly remains OB. The Bull/Bear strength meter is still very bearish at -42.76%.
SPX Cycles Long Range Projection Chart. Weekly remains OB, pull back to 4471-4425, then resume the Bull trend. Today the Weekly, Monthly, & Quarterly put in a new cycle high at 4607.07. Monday at the close I expect the Monthly to confirm a M-2 (Overdue) projected high 5580.16, the high will be due 11/30/2023.
SPX Cycles Long Range Projection Chart. Weekly remains OB, pull back to 4471-4425, then resume the Bull trend. Today the Weekly, Monthly, & Quarterly put in a new cycle high at 4607.07. Monday at the close I expect the Monthly to confirm a M-2 (Overdue) projected high 5580.16, the high will be due 11/30/2023.
It was an easy call with all the red showing, the Bears have a lot of cycles to work off, but I will be happy just to see the 60-E-1 & 60-SC-1 get confirmed.
SPX Cycles End of the Day Reports & Charts. The Weekly remains OB. Today the Weekly, Monthly & Quarterly put in a new cycle high at 4607.07. Today at the close of the 6th hour the 60 min confirmed a 60-S-1 (due 7/31/23) projected low 4574.89 (Reached). Tomorrow at the close of the 1st hour there is the possibility of a 60-1 (due 8/2/23) projected low 4551.79 (Reached), the low will be due tomorrow at the 1st hour, however at the close of the 4th hour there is the possibility of a 60-E-1 (Extreme Overdue) projected low 4484.44, the low will be due Monday at the 1st hour. If the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 48.15. Also tomorrow at the close there is the possibility of a Daily D-S-1 (due 8/18/23) projected low 4491.90, the low will be due tomorrow.
We need the 60-E-1(Extreme Overdue)/60-SC-1 (Overdue) to get confirmed projected low 4425.46.
Hopefully the 60-SC-1 gets confirmed Monday at the close of the 5th hour. That will eliminate 14 Bear points, which will turn the 60 min level green.
If the Daily confirms a D-S-1 tomorrow at the close, that will reset the Daily Bull Cycle projections.
SPX Cycles Update. Today at the close of the 1st hour the 60 min confirmed a 60-2 (due 8/5/23) projected high 4611.11. Today at the close of the 5th hour there is the possibility of a 60-E-2 (due 8/2/23) projected high 4667.04, the high will be due tomorrow at the 6th hour. The Weekly remains OB. Today the Weekly, Monthly & Quarterly have put in a new cycle high at 4607.07.
It's possible.
Anytime, it's overdue. But with the futures up 30, doesn't look like it's happening today.
SPX Cycles Long Range Projection Chart. Today the Weekly, Monthly & Quarterly put in a new cycle high at 4582.47. The Weekly remains OB. A pull back of 100 pts or more is likely in the short term. The Monthly is expected to confirm the M-2 (Overdue) at the close of the month, projected high 5580.16, the high will be due 11/30/2023.
SPX Cycles Long Range Projection Chart. Today the Weekly, Monthly & Quarterly put in a new cycle high at 4582.47. The Weekly remains OB. A pull back of 100 pts or more is likely in the short term. The Monthly is expected to confirm the M-2 (Overdue) at the close of the month, projected high 5580.16, the high will be due 11/30/2023.
SPX Cycles End of the Day Reports & Charts. The Weekly remains OB. Today the Weekly, Monthly & Quarterly put in a new cycle high at 4582.47. Today during the 6th hour the 60 min confirmed a 60-S-2 (7/27/23) projected high 4592.37. Tomorrow at the close of the 1st hour there is the possibility of a 60-2 (due 8/5/23) projected high 4611.11. With the Bull/Bear Strength meter at -42.50, we should be seeing a large decline (100 pts or more) in the short term.